IATA reported that the recovery in premium travel resumed in May following April's volcanic ash-driven slowdown, rising 18.7% year-over-year for the month, a sharp contrast from April's 1.1% growth. Premium traffic's growth rate continues to outpace that of economy traffic, which IATA said is hampered by weak consumer confidence. "Adjusted for seasonality, premium travel has risen almost twice as far in percentage terms as economy travel but, such was the depth of the ...

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